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Significant Light Rare Earth Enrichment Results Received at Nexcel's Lac Ducharme REE Project in Quebec

News provided by newsfile2025-10-14

October 14, 2025 7:00 AM EDT | Source: Nexcel Metals Corp.

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Nexcel Metals Corp. (CSE: NEXX) (OTCQB: NXXCF) (FSE: 2OH) ("Nexcel" or the "Company") is pleased to announce summer 2025 sampling confirms significant light rare earth element (LREE) enrichment, with up to 0.169% La, 0.323% Ce and 0.1565% Nd at the Lac Ducharme REE Project, located in Manicouagan, Quebec.

Hugh Rogers, CEO of Nexcel, states, "The results from this program at Lac Ducharme are very encouraging and demonstrate the project's potential, especially for these REE elements that are critical to emerging technologies and clean energy applications. We look forward to advancing Lac Ducharme with further exploration."

This program consisted of the collection of 107 rock samples (backpack drill hole, channel and grab) across prospective pegmatites, granites and gneisses. The field crew completed a total of 18 backpack drill holes, with total production of 16.61m, and 30 channels were cut over 43.15m. Assays indicate notable enrichment in light rare earth elements (LREE's).

Sample Highlights

Total LREE values range from 20.2 to 6802ppm.
The average grade for LREE's from this program is 1348ppm.
Every sample in Channels CD25-12 and CD25-21 returned greater than 3000ppm total LREE's:
- Total LREE values in Channel CD25-12 ranged from 3692-6656.5ppm.
  - Sample 146224 in CD25-12 returned notable values of 3070ppm Ce, 1520ppm La, 1565ppm Nd, with 6656.5ppm total LREE's.
  - Sample 146225 returned notable values of 3080ppm Ce, 1530ppm La, 1180ppm Nd, with 6280ppm total LREE's.
- Total LREE values in Channel CD25-21 ranged from 3072.9-6802ppm.
  - Sample 146250 in CD25-21 returned notable values of 3230ppm Ce, 1690ppm La, 1305ppm Nd with 68002ppm total LREE's.

Figure 1: Sample highlights are summarized in the table below.

Type	Hole / Channel #	Sample Number	From (m)	To (m)	Length (m)	Th ppm	Total LREE ppm	Ce ppm	La ppm	Nd ppm	Pr ppm	Sm ppm
Channel	CD25-7	146210	0.7	1.3	0.6	197	4088.7	2030	988	759	220	91.7
Channel	CD25-7	146211	1.3	1.9	0.6	113	2354.9	1165	578	428	129	54.9
Channel	CD25-8	146212	0	0.8	0.8	168.5	3487.1	1730	853	640	186.5	77.6
Channel	CD25-9	146215	0	0.55	0.55	157.5	2884.4	1450	677	527	160.5	69.9
Channel	CD25-12	146222	0	0.65	0.65	168.5	3692	1825	917	668	201	81
Channel	CD25-12	146223	0.65	1.3	0.65	231	4982	2470	1220	903	277	112
Channel	CD25-12	146224	1.3	1.95	0.65	307	6656.5	3070	1520	1565	348	153.5
Channel	CD25-12	146225	1.95	2.6	0.65	306	6280	3080	1530	1180	346	144
Channel	CD25-12	146226	2.6	3.25	0.65	244	4789.5	2340	1155	912	268	114.5
Channel	CD25-13	146228	0.5	1	0.5	53.2	1096.3	545	266	200	58.8	26.5
Channel	CD25-14	146229	0	0.6	0.6	106.5	2075.4	1040	506	370	112.5	46.9
Channel	CD25-14	146230	0.6	1.2	0.6	55.4	1169.1	582	293	206	62.4	25.7
Channel	CD25-19	146244	0	0.45	0.45	144.5	3580	1680	977	643	202	78
Channel	CD25-20	146245	0	0.45	0.45	83.2	1991.7	932	530	371	113	45.7
Channel	CD25-21	146246	0	0.7	0.7	152.5	3072.9	1470	788	569	174	71.9
Channel	CD25-21	146247	0.7	1.45	0.75	273	5613	2660	1475	1030	319	129
Channel	CD25-21	146248	1.45	2.15	0.7	380	6513	3000	1630	1310	392	181
Channel	CD25-21	146249	2.15	2.9	0.75	179	3763.6	1785	989	690	217	82.6
Channel	CD25-21	146250	2.9	3.2	0.3	378	6802	3230	1690	1305	398	179
Channel	CD25-22	146255	2.65	3.25	0.6	317	6279	2970	1625	1170	361	153
Backpack DDH	BD25-1	143951	0	0.68	0.68	65.5	2371.4	1195	636	382	121	37.4
Backpack DDH	BD25-2	143952	0	0.8	0.8	34	1237.7	617	335	202	64.2	19.5
Backpack DDH	BD25-2	143953	0.8	1.52	0.72	102	3794	1915	1025	598	196.5	59.5
Backpack DDH	BD25-3	143955	0.6	1.19	0.59	68.1	1637.3	815	413	288	87.8	33.5
Backpack DDH	BD25-4	143957	0	0.6	0.6	107	2503.7	1230	642	442	136	53.7
Backpack DDH	BD25-4	143958	0.6	1.16	0.56	55.7	1299.5	641	325	234	71.1	28.4
Backpack DDH	BD25-5	143959	0	0.6	0.6	248	5536	2740	1380	984	300	132
Backpack DDH	BD25-5	143960	0.6	1.2	0.6	155.5	3654.8	1810	905	657	199	83.8
Backpack DDH	BD25-5	143961	1.2	1.59	0.39	45.6	1090.8	537	273	197.5	59.8	23.5
Backpack DDH	BD25-6	143962	0	0.69	0.69	96.8	1225.3	595	295	234	67.9	33.4
Grab		151185				99.2	2048	958	441	446	119	84
Grab		151188				111.5	1061.1	519	218	229	59.8	35.3

Figure 2:Sample locations showing Total LREE Values from the 2025 Summer Prospecting Program at Lac Ducharme.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11702/270317_5b78c2ef741dc8c0_001full.jpg

This program targeted zones identified through prior work; a 50.2-line-km ground magnetic survey, a 2022 radiometric survey, and prospecting programs in 2021 and 2024, building on those results. Priority targets now developed include the Lucia and 13-TC showings, as well as the recently defined EFU Showing.

Technical Information

Samples were collected in accordance with industry best practices. An RS-120 Scintillometer was used to detect radiometric anomalies. Channel samples were cut from bedrock using a diamond saw and then extracted from bedrock using a hammer and chisel. Backpack Drill samples were extracted from bedrock using a Shaw Backpack Drill. Grab samples were either extracted from bedrock using GeoTul hammers or by hammer and chisel. Sample material was then placed into clear plastic bags along with a unique sample tag identifier, the bags were sealed in the field. All sample data was recorded in the field and location data recorded using a handheld GPS. Assay tag numbers were also written on the outside of the bags.

Samples were securely delivered to ALS Geochemistry in Sudbury, Ontario for preparation and subsequently sent to ALS Geochemistry in Vancouver, BC for ME-MS71L Super Trace REE + Refractory mineral extracted using bifluoride decomposition with ICP-MS finish. ALS conducted an internal QA/QC regimen alongside the sample assays. ALS facilities conform to the requirements of the ISO/IEC 17025 Standard and regularly take part in proficiency testing.

Qualified Person

Francis Newton, P.Geo, a consultant to the Company, is a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this press release.

About Nexcel Metals Corp

Nexcel Metals Corp. is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The Company is currently focused on the Lac Ducharme Property located in the Province of Québec.

ON BEHALF OF THE BOARD OF DIRECTORS,

'Hugh Rogers'
CEO

Forward-Looking Statements

All statements included in this press release that address activities, events or developments that Nexcel expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements may involve, but are not limited to, statements with respect to the exploration and development of the Company's mineral properties. These forward-looking statements involve numerous assumptions made by Nexcel based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond Nexcel's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, Nexcel does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

Neither the Canadian Securities Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270317

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